Let Students Refinance Their Loans

Here’s “student loan debt” part 2. Russ Feingold has launched a campaign to ease the burden of student loans.

As former Wisconsin Sen. Russ Feingold aims to unseat GOP Sen. Ron Johnson, he is promoting a social media campaign advocating for a proposal that would allow students to refinance their loans.

Johnson has called student loan refinancing a "big government giveaway proposal" and also referred to student loans as "free money."

The Republican senator voted against [Sen. Elizabeth] Warren's proposal to allow student loan borrowers to refinance their loans at significantly lower interest rates.

To prevent the bill from adding to the federal deficit, it would enact the "Buffett Rule," imposing a minimum tax rate on millionaires.

Yeesh. Ron Johnson apparently doesn't mind saddling students with more debt—so long as the fortunes of millionaires aren't imposed upon.


Kend's picture
Kend 6 years 39 weeks ago

The only thing the left is good at is spending other people's money. Taxing someone to pay someone else's debt is so wrong.

Ou812's picture
Ou812 6 years 39 weeks ago

I'm so sick of these lefties asking us to pay there bills. Even if a Democrat had a good idea, I would be against it. I'd consider it another ruse to allow him or her to get there hands into my pockets. Enough is enough. Trying earning money to pay the bills.

Willie W's picture
Willie W 6 years 39 weeks ago

I don't see what the big deal is with letting kids refinance their loans. They had good intentions when they borrowed the money. Adults telling them that they needed a college education these days. They're still going to pay the money back.

Ou812's picture
Ou812 6 years 39 weeks ago

Hi Willie,

It's not illegal to refinance a student loan. This proposal is not a refinance, it's a tax asking someone else to pay off the loan.

Willie W's picture
Willie W 6 years 38 weeks ago

That sounds more like it. I should know better than to take things at face value.

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